Capuano Appraisal Services, LLC
We confidently state that Capuano Appraisal Services, LLC is an FHA-approved appraisal provider in VA. This indicates that we are qualified and approved by the FHA to do appraisals for home loans insured by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Capuano Appraisal Services, LLC is well-trained on how to comply with the rules and regulations provided.
Be sure to contact Capuano Appraisal Services, LLC if you need an appraisal done for an FHA-secured loan.
If your home loan is FHA certified, that means that it has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The lending company takes care of all the loaned money; the FHA simply backs the loan through mortgage insurance in case the borrower does not pay off his or her loan. Available to all homebuyers, FHA loan programs are created to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration provides are extremely useful to buyers with less starting capital.